Why Families Delay Long-Term Care Planning Until It's Too Late

    March 30, 202639:51Michael Banner
    62WhoKnew
    long-term care planning
    caregiving
    caregiver stress
    financial planning

    Why do so many families wait until a crisis to start planning for long-term care? In this episode, Lindsay Friedman returns to 62WhoKnew to tackle one of the most common — and costly — mistakes families make.

    Topics Covered

    • Why families avoid long-term care planning until they're already in crisis
    • The financial impact of delayed planning and how it compounds over time
    • Caregiver stress and the emotional realities families face when caring for aging parents
    • The importance of having difficult conversations early — before urgency takes over
    • Free planning tools and caregiver support resources available to families today

    Key Takeaways

    "The best time to plan was five years ago. The second best time is today."

    Whether you're just starting to think about care for aging parents or already navigating the caregiving journey, this conversation offers honest, practical guidance on why acting sooner — not later — can protect your family's finances, relationships, and peace of mind.